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Guess it won't be rising as much as yesterday, probably not the news that was being banked upon, but probably the news we should have expected.
Another shrewd move and hopeless partner we are coupled with. It really is like a pack of monkeys running this show.
Still waiting for the various initiatives currently underway to unlock shareholder value Louis ????
LC worrying where his next pay check is coming from.
What an earth has the BOD been doing all year apart from getting paid?
I can only laugh now, there is nothing else to do now with this utterly useless BOD
Massive spread though.
Quietly moving up
Charlemont capital been increasing stake
Blue
Update on Imweru Gold Project
Katoro Signs Joint Venture Agreement with Lake Victoria Gold
Agreement Highlights
· JV Funding:
§ LVG will earn a JV-interest of up to 80% in the JV and will be responsible for 100% of the JV funding requirements.
§ All debt funding required by the JV will be procured or provided by LVG.
§ The JV will reimburse Katoro for previous expenditures in the amount of € 792,000 on or before 31 December 2023
Something stirring over last few days
It’s been one not long ago but was small wasn’t it
Looks like it’s gonna be placing to pay The wages
Louis. Interims
"The Company's existing cash resources are expected to run out by approximately the end of September 2023 and therefore the Company is reliant on completing a fundraise by that date to fund its ongoing working capital."
Yet at the same time
I remain confident in the Company's ongoing efforts to consolidate and advance the Katoro portfolio towards the creation and unlocking of shareholder value. We are optimistic about the various initiatives currently underway and look forward to what these may deliver during the second half of 2023.
We are now well past September 2023 so what is happening!
On AIM shareholders are powerless to remove a CEO, spent two years trying and failed. They don't give a toss about shareholders. It matters nothing that the shareprice is decimated and we lose our investments. They know that whatever the shareprice is, there will always be a buyer and a lender. it's just the deals get worse and worse and the bucket shops become more dubious, but they lend and they make their profit at our expense, and so the downward spiral continues. LC and his cronies have lined their pockets well over the years, they don't need to produce results, they just need to keep the ball rolling until he retires to his luxurious Camps Bay property.
No morals whatsoever
Why is LC able to run companies ?> why has not been struck off as a director ?
If you lost out here look at kodal NOW! Do not waste another second
Failing is fine, not recognising failing isn't. For gods sake man go .....
So what is going on Lpius ???? AND where is this significant progress and value creation during 2023 you talked about ???
and 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 and prior to that when the assets were in KIBO and managed by Louis in 2014, 2013, 2012, 2011 and 2010.
June 2010 - "At Haneti,the Company is liaising with the Tanzanian Ministry of Energy and Minerals to expedite the issue of licences under renewal and application in order to re-commence exploration;"
13 years later and what????
I mean Louis lol not Leon
The Company's existing cash resources are expected to run out by approximately the end of September 2023 and therefore the Company is reliant on completing a fundraise by that date to fund its ongoing working capital.
So what is going on Leon ???? AND where is this significant progress and value creation during 2023 you talked about ???
£60k in shares to Directors fees and two of them have left -
Trade and payables £144k-
Overall Admin £261k
£140k raise - will pay essential costs but little else in terms of exploration.
looks like nowhere to go except down and out.
Its market cap is that of only a shell at present - £400k
I remember trading this company 2 years ago. Is it still actually operational or moved into a shell company now?
We are however well-positioned for 2023 and confident that it will be a year in which there will be significant progress and value creation.
Still waiting for this amazing news LC?
Is needed. Does KAT have an interest in Blyvoor? If so what are they busying themselves with there at the mo?